18 Jul 2014
AUD/USD drawing in on the 0.94 handle
FXStreet (Guatemala) - AUD/USD is trading at 0.9395, up 0.47% on the day, having posted a daily high at 0.9412 and low at 0.9335.
AUD/USD is proving stubborn despite the long greenback approach that is filtering through the markets. The AUD/USD has been a strong performer post the slide on risk aversion and now looks to take the 0.94 handle and is well placed to do so above the pivot as we enter the closing spell of the week. Having said that, the markets are now thin and we might just settle for close here.
AUD/USD Levels
Spot is presently trading at 0.9395, and next resistance can be seen at 0.9397 and 0.9412. Support below can be found at 0.9394 (Yesterday's High) and 0.9382 (Hourly 200 SMA).
AUD/USD is proving stubborn despite the long greenback approach that is filtering through the markets. The AUD/USD has been a strong performer post the slide on risk aversion and now looks to take the 0.94 handle and is well placed to do so above the pivot as we enter the closing spell of the week. Having said that, the markets are now thin and we might just settle for close here.
AUD/USD Levels
Spot is presently trading at 0.9395, and next resistance can be seen at 0.9397 and 0.9412. Support below can be found at 0.9394 (Yesterday's High) and 0.9382 (Hourly 200 SMA).